Chart Summary:
Key Resistance: $101,107.27
Important Support: $98,115.68
Current Range: Between $98,000 and $100,000
📈 Current Trend:
BTC is attempting to break the resistance at $101,107.27 after a bounce from the support at $98,115.68. This move suggests a possible bullish momentum if it sustains above $100,000.
🛠️Potential Strategy:
Buy: Consider entries in the range of $99,000 - $100,000 with a stop loss below $98,000 to manage risk.
Target: Target the resistance at $101,107.27 and if broken, look towards levels above $102,000.
💡 Notes:
Trading volume and momentum indicators will be crucial to confirm the strength of the move.
Stay tuned for any news or events that may affect BTC volatility.
Key Resistance: $101,107.27
Important Support: $98,115.68
Current Range: Between $98,000 and $100,000
📈 Current Trend:
BTC is attempting to break the resistance at $101,107.27 after a bounce from the support at $98,115.68. This move suggests a possible bullish momentum if it sustains above $100,000.
🛠️Potential Strategy:
Buy: Consider entries in the range of $99,000 - $100,000 with a stop loss below $98,000 to manage risk.
Target: Target the resistance at $101,107.27 and if broken, look towards levels above $102,000.
💡 Notes:
Trading volume and momentum indicators will be crucial to confirm the strength of the move.
Stay tuned for any news or events that may affect BTC volatility.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.